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Indianapolis Times in Indianapolis, Indiana

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Aug 02, 1930

Page

2

Stock Market Sags As Utilities Hit Hard

Trading ended quietly with many dips as key issues fell more than 2 points. Utilities suffered losses after rate-cut moves in Philadelphia Boston and New York City cutting consumer costs by about 10 million dollars. The day saw 1,090,210 shares traded, Dow Jones industrial average down 0.60 to 233.20 and rail average down 0.69 to 130.26.

United Press New York Selsing Steel Philadelphia Boston New York City Consolidated Gas American Standard Gas North American Amerada Sinclair General Motors Gillette Autostrop

Bank Clearings and Treasury Figures For Early August

Indianapolis reports Friday clearings of 3,067,000 with 6,514,000 debits. Chicago totals show 213,100,000 in clearings and 12,300,000 balances. Treasury notes the July 3 net balance at 190,326,937.69 with 6,615 outstanding and customs receipts totaling 25,071,111.60 for the month to date.

Indianapolis Chicago United Press Treasury

Market Report Shows Mixed Beef and Sheep Prices

Price notes indicate varied beef and sheep trends with med and high bids fluctuating. Cattle market lists steady to 130, lambs around 90 to 130 with some receipts at $13.50, and wool or related items trading within narrow ranges.

Ind

Lehew Hanged at San Quentin for Child’s Murder

Thomas Lehew of Fort Bragg Mendocino county was hung today at San Quentin prison for the murder of 7 year old Theresa Johnson The execution occurred at 10 02 with death pronounced at 10 15 by Dr L L Stanley the prison physician

United Press San Quentin Cal Thomas’ Lehew Ft. Bragg Mendocino County San Quentin Prison Theresa Johnson Lehew L. L. Stanley

Tax Officials拒決 Marion Reimbursement for Thomas Fees

State tax commissioners refused Marion city’s request to reimburse $1 180 paid to Edwin R Thomas as special attorney in charge of the bombing investigation. The bombings occurred last winter and spring, five people were killed, with no case brought against any bombers.

Marion Edwin R. Thomas

Porker Market Gains Strength at Stockyards

Hog prices move higher in the city yards with 160 to 260 pound stock selling mainly 9.20 to 9.65, top 9.70, receipts about 5 000 and 947 holdovers. Cattle, calves, lambs also show gains and steady to higher quotes across regions including Chicago and East St. Louis markets.

Chicago United Press Bu United Press Burnted Press Pittsburgh United Presse Buffalo N. Y

Dow Jones Stocks and Rail Revenues Report May and July Totals

Rail transportation revenues for May were 11,937,769 dollars after taxes and related costs, down from 14,193,202 in May 1929. Five month revenues totaled 49,494,664 dollars. New York Stock Exchange July transactions reached 47,744,800 shares with a daily average of 1,909,792, the smallest July since 1929. Federal Reserve weekly credit outstanding stood at 934,000,000 dollars, down 43,000,000 from last week and 388,000,000 below 1929. Loans and securities rose to 3,586,000,000, with total loans at 6,050,000,000. National Dairy Products earned 2.16 dollars a share on 5,971,636 common shares for the first six months, up from 1.85 on 4,824,441 shares in 1929. Legal Lock and Hardware stockholders may subscribe for additional stock at 5 dollars a share, rights expiring August 22. Timkin-Detroit Axle earned 0.54 a share for six months, vs 0.76 in 1929. McCall Corporation earned 2.26 versus 2.23 in 1929 for the first six months. United Business Publishers earned 1.34 a share, down from 1.88 in 1929. Radio-Keith-Orpheum will exhibit Universal pictures in its theaters. Lake Erie coal dumpings through July 27 totaled 18, AY 107 tons, compared with 602,893 in 1929 and 19,015,809 in 1927.

Iftte Ickel Plate &H Id's & We ” Wm Ms Pennsylvania L Seaboard Paul Pid Union Pac Am Car & Fay General Westingh Firestone Goodrich bin Keily_ Spratt Auburn Chrysler Ardner Raham Peige General Motors Hudson Hupp Marmoi Nash Nore Arrow Essere Seudebake Motor Access Mu A Bendix Aviation Eaton el Storage Hayes Ed Honda Cal & Hi Cal & Ariz. Oh Granby Corp Great Nor Enneco Texas Houston Pan-Amer Phill Royal Dutch Shell UN Sinclair Shell Union Oil Steele— Am Roll Mi Betac Billy Byers AM U Cent Sumetra Tobacco A. Te Lig & Myers Reynolds Tol Pr United Cig A Eee Utilities Adams Pwr Indiana Col Gas Lds Indiana E el Pwr & L & Son Amer Co New River Pec Gas & el New Ae Gate United Cor West Union Teers New York- Liberty Intl Corp Mer United Fru Treasury Armour Pillsbury Seteway Ward Bke Coty Lambert Seee Ee Lehn & Fink Peee Ee Indust Indus Chems Allied Chem Union Carb Beta Sto Broscon Seg Il I Gimbel Kresee New York Stock Exchange Federal Reserve Board Federal Reserve Bank National Dairy Products Corporation Lake Erie

Grain prices in Chicago and Toledo markets summarized

Chicago and Toledo grain markets report cash close and forward quotes for wheat corn oats and barley with No 2 red and yellow wheat values and various corn mixes. Siberian Times Special notes primary receipts and shipments for Wheat Corn Oats totals for Chicago.

Times Special Chicago

Grain bids at Indianapolis Board of Trade August 1

Bids for cash grain at the Indianapolis Board of Trade show varied grades with wheat No. 2 red 79 80c and No. 2 hard 26 28c, corn prices across white and yellow grades from 83c to 86c, oats firm at 31 32c, hay values ranging from 15 to 20 dollars, and inspections totals across wheat corn oats and rye with multiple car counts.

Indianapolis Board of Trade Fe. B New York Cincinnati Louisville Timothy

Market Close Notes on NYSE Stocks and Wheat Prices

Aug 1 report lists closing feee and net changes for major NYSE issues led by American Telephone Bethlehem General Electric and United States Steel. Grain buyers in Wheat City pay 72c for red wheat and 70c for No 1 hard wheat.

Brieted P New York Stock Exchange American Telephone Bethlehem Consolidated Gas General Electric General Motors International Ti National Power North American Bee Service Sinclairee Standard Oil of N. J Union Carbide United Corporation United States Steel Vanadium Westinghouse. Electric

Stock Market shows hesitant tone on rate cuts

In New York trading Aug 1 the market drifted as weak utility shares and possible further rate reductions weighed on electric utilities. Despite a quiet industrial news day, first half year investment in new securities rose while bond prices climbed and rates fell as financiers seek cheap credit to spur industry and trade.

Thomson & McKinnon New York

Forrest Inn operator held on liquor charges in raid

Raymond C. Forrest, operator of the Forrest Inn barbecue stand at Allisonville, was held to the federal grand jury under $1,000 bond on liquor charges today by United States commissioner Howard S. Young. Forrest was arrested by federal dry agents and Indiana agents who reported finding whisky and home brew in a raid.

Raymond C. Forrest Allisonville Howard S. Young United States Forrest Indiana

Grain Options Lose Gains in Closing Sales

Wheat fell sharply on the Chicago Board of Trade as corn strength supported trading. Oats held firm while wheat finished 1 to 1 4 cents lower and corn 34 to 1 2 cents higher. Provisions rose over 25 points amid quiet activity and bullish crop estimates.

United Press Chicago Board of Trade Liverpool

Capone Vagrancy Charges Dismissed in Miami Court

In Miami on August 1 the long pending vagrancy charges against Al Capone and several companions were dismissed in criminal court. Prosecutors announced no further information would be filed in the matter.

Miami Fla Scarface al Capone

Also Mentioned on This Page

General Electric Westinghouse Electric Radio Corporation American Tobacco J. 1 Case Dow, Jones & Co Banks and Exchange Wy ‘Arm Aness Greating House Credit Passace Oolworth Vetee Crosley To Me Gru Ists Tike Te Radio Corp Bile Schubert I Warner Br Curtiss Wr Sr Ask America Bankers Bank of UN Central Hanover Chase Nation Chatham Phoenix Nation Chemica Eecsees City Nationa Oo First Nation Irving James T. Hamil Allied Motor Ind Assoc Telephone U Auburn Suomentie Bendix Perpeee Ois Epomacy Benene Pune Servel West Il Corp Aveaith Edison Continental Continent Corp Security Corp Securities Ciis Electric Research Lab General Theater Aes Se Lakes Aircra le Hershe Grunow Howdell Insull Util Inves Ken- Insull Util Be & Ap Libby McNeil Os Co Lion Oil Refinin Majestic House Manhattan-Dearborn Middle West Utilities Midland Unite Midland United War Miscouri-Kas Modine Seseee : 90 N Am Li Natl Securi Light & Power Pines Winterfront Seaboard Erices Fletcher American Company Fletcher American National Bank Southeast Corner Market Pennsylvania Streets Bychited Press Cleveland Bu Times Ripley U. S Geo. Rand New Orleans Darwin Les Por Tabor of San Francis St.mary's Hamilton Ohio King Features Syndicate, Inc Great Pritam Railway Express Agency, Inc Legal Lock and Hardware Company Timkin Detroit McCall Corporation United Business Publishers, Inc Radio Keith-Orpheum Universal Pictures Chicago Grain Table Toledo CW York OIL Kings Oklahoma City Gusher Field Wild Mary Sudik C. C. Julian Cotton Exchange Oklahoma City Okla Wyon Tomlinson Hall Anderson, Muncie Elkhart Benton Harbor City Ticket Office Monument Circle Riley Union Station J. P. Corcoran Radio Sale Atwater Kent Crosley Apex All-Electric Radio Chicago Jewelry Co East Washington ST Service Ndiana Meridian
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